"The 200 years when Britain and the US were the top two economies were an aberration and that will change. The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar"
- Tom Winnifrith
About this Quote
Tom Winnifrith is suggesting that the 200 year period in which Britain and the US were the 2 leading economies was an anomaly, which this will quickly change. He thinks that the decrease of empires is taking place much faster than people believe, which gold will be a much better financial investment than the US dollar in the next 20 years. This might be translated as an alerting to investors to be wary of buying the United States dollar, and to think about investing in gold rather. It could likewise be seen as an indication that the United States and Britain are no longer the dominant economic powers they when were, which other nations are now emerging as significant gamers in the worldwide economy.
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